Brazil meatpacker JBS posts third quarter net income of $178 mln

SAO PAULO Tue Nov 13, 2012 4:34pm EST

SAO PAULO Nov 13 (Reuters) - Brazil's JBS SA, the world's biggest beef producer, posted a profit of 367 million reais ($178 million) for the third quarter of 2012 on Tuesday, compared with a 67.5 million reais loss in the same period last year.

The company's profit came in below the 404 million reais average estimate of five analysts polled by Reuters.

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